S. Korea court orders Mitsubishi asset sale in wartime labor case

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Kyodo News

A South Korean court on Monday ordered the sale of local assets of Mitsubishi Heavy Industries Ltd., which were earlier seized by former plaintiffs in lieu of compensation in a wartime forced labor lawsuit they won against the Japanese company, court officials said. It is the first time that a South Korean court has ordered the sale of a Japanese company’s assets in relation to the issue. If the assets are actually liquidated, it will likely worsen already frayed relations with Japan, which is contemplating retaliatory measures. The local daily Kyunghyang_Shinmun, in its online edition, report…

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